Archive: 8 November 1997
64 articles found
Sat, 08 Nov 1997, 00:00 WIB
SE Asian turmoil seen as catalyst for liberalization
SE Asian turmoil seen as catalyst for liberalization SINGAPORE (AFP): The currency crisis in Southeast Asia will spur governments to hasten liberalization of vital sectors, including financial services, and deal effectively with inflation, bank officials and analysts say.
Sat, 08 Nov 1997, 00:00 WIB
Forest fires: Will sanctions be effective?
Forest fires: Will sanctions be effective? By Suwiryo Ismail JAKARTA (JP): The government's decision to revoke hundreds of licenses belonging to 29 forestry and plantation companies last month might not be effective. The first reason is because the timber utilization licenses, or IPK, which total 151 of the licenses being revoked are only one of many other licenses.
Sat, 08 Nov 1997, 00:00 WIB
400-strong team to restore order in Tanah Abang
400-strong team to restore order in Tanah Abang JAKARTA (JP): Central Jakarta mayoralty is to deploy today a 400-strong team, comprised of military and police officers, to put Tanah Abang vendors operating along Jl. Kebon Jati in order, an official said. Central Jakarta Mayor Andi Subur Abdullah said the team's deployment was vital because the 1,352 listed vendors operating in the area had caused havoc. "The vendors will be ordered to vacate the northern side of the street.
Sat, 08 Nov 1997, 00:00 WIB
Currencies rebound as pressure shifts to N. Asia
Currencies rebound as pressure shifts to N. Asia SINGAPORE (AFP): Southeast Asian currencies led by the Thai baht and Indonesian rupiah closed strongly yesterday as market focus shifted to North Asia, where the South Korean won and Taiwan dollar succumbed to relentless pressure. "North Asia is looking terrible," said Tan Kee Wee, a currency analyst with the United Overseas Bank, one of Singapore's biggest banks, as the won closed lower at 979.90 to the U.S.
Sat, 08 Nov 1997, 00:00 WIB
23 foreigners detained in KL
23 foreigners detained in KL KUALA LUMPUR (AFP): Malaysian immigration authorities have detained 23 foreign lecturers caught working without permits at an international school here, reports said yesterday. The lecturers -- comprising 12 men and 11 women aged between 26 and 47 -- are from Australia, Britain, New Zealand and the United States, the assistant deputy director of immigration enforcement, Mohamad Aris Chonin, said.
Sat, 08 Nov 1997, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 7, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 800 0 0 AHAP Insurance 2,500 0 0 Alter Abadi 575 0 0 Alumindo Light Metal 500 25 257,000 Alumindo Perkasa 300 25 7,500 Aneka Kimia Raya 700 0 647,000 Anwar Sierad 575 -50 170,500 Apac Centertex Corp.
Sat, 08 Nov 1997, 00:00 WIB
Bird hawker Budianto peddles his wares
Bird hawker Budianto peddles his wares By Joko Sarwono BOGOR (JP): Birds are no longer sold exclusively in shops or markets, they are also hawked to passersby in the same way as vegetables, cigarettes and candy. In Bogor, 39-year-old Budianto, from Ungaran, in Central Java, is one of about 15 bird vendors peddling their wares here. Every day, from 9 a.m. to 6 p.m., he walks the streets hauling up to 12 cages, each containing between one and five birds.
Sat, 08 Nov 1997, 00:00 WIB
Teachers abandon students, school
Teachers abandon students, school MANOKWARI, Irian Jaya: Dozens of primary school students in Indah village, Menyambouw district, have not gone to school for the past three weeks because there has not been anybody to teach them. Antara quoted an official as saying that the teachers went to town and have not returned. It did not say how many teachers were posted there, but added that the school building has become dilapidated now due to a lack of maintenance.
Sat, 08 Nov 1997, 00:00 WIB
10 suspects arrested for burning forests
10 suspects arrested for burning forests JAKARTA (JP): Police have arrested at least 10 suspects recently for allegedly burning protected forests on Mt. Keles, Mt. Salodik and Mt. Siuna in Banggai regency, Central Sulawesi, Antara reported yesterday. Police have also detained 15 people caught while cutting trees in the preserved forest of Bangkiriang. Banggai regent Sudarto vowed to take stern measures against any timber companies found guilty of illegally exploiting the forests.
Sat, 08 Nov 1997, 00:00 WIB
Garuda adds flights to Mideast, U.S. and Europe
Garuda adds flights to Mideast, U.S. and Europe JAKARTA (JP): National air carrier Garuda Indonesia has added more services to the Middle East, the United States and Europe this winter to meet demand. Garuda said in a statement here yesterday that the winter schedule would be effective until March 30, 1998. "In addition to the extra flights, there is also a reduction in services and routes under the joint cooperation with foreign airlines," the company said.
Sat, 08 Nov 1997, 00:00 WIB
Government defends closure of bad banks
Government defends closure of bad banks JAKARTA (JP): The government yesterday strongly asserted the correctness and legality of its decision to close 16 insolvent banks, and said it would not alter the decision despite the objections and legal challenges by several affected bankers. "The government has considered all aspects of the 16 bank closures and the decision was taken for the common good of the nation," Minister/State Secretary Moerdiono stated yesterday.
Sat, 08 Nov 1997, 00:00 WIB
Bolkiah to meet Soeharto
Bolkiah to meet Soeharto JAKARTA (JP): Sultan Hassanal Bolkiah of Brunei will arrive here this morning for a working visit and will hold bilateral talks with President Soeharto at Merdeka Palace in the afternoon, sources said yesterday. There were no official statements about the visit from either government. However, informed sources pointed out that the two heads of state will focus their discussion on the recent turmoil in regional currencies.
Sat, 08 Nov 1997, 00:00 WIB
Residents flee Philippine town
Residents flee Philippine town ILIGAN (AFP): Several hundred residents began fleeing yesterday from a southern Philippine town where Moslem gunmen are holding an Irish Roman Catholic priest hostage, local sources said. The residents of Tangkal fear an armed confrontation was imminent with security forces, Moslem guerrillas and the kidnappers' armed sympathizers engaged in a tense standoff in the mainly Moslem town over Monsignor Desmond Hartford, said the sources, who would not be named.
Sat, 08 Nov 1997, 00:00 WIB
Officials implicated in land sell-off
Officials implicated in land sell-off TANGERANG (JP): The local prosecutor's office is investigating the alleged roles of senior officials in the illegal sale of almost 974 hectares of state land in the Legok and Serpong subdistricts. Funds totaling about Rp 23 billion (US$7.19 million) from the sell-off may have been used by officials in charge of land issues for their own benefit, the head of the office's intelligence section, Pudji Basuki Setijono, said yesterday.
Sat, 08 Nov 1997, 00:00 WIB
Star Mild aiming for drag race win
Star Mild aiming for drag race win JAKARTA (JP): The Star Mild team hopes to win the seventh leg of the national drag race to be held at Sleman, Yogyakarta, tomorrow. The team of Canadian Robert Paul and Indonesian Ronny Hermawan said in Yogyakarta Thursday that the seventh leg will be tough for them as their rivals are also aiming for victories. "Even though my position is secure with 99 points, my rivals like Donnie Pangemanan and teammate Ronny Hermawan cannot be taken lightly," Paul said.
Sat, 08 Nov 1997, 00:00 WIB
KL bank takes over PNB
KL bank takes over PNB MANILA (AFP): Malayan Banking Bhd. of Malaysia announced yesterday it was taking over management of a subsidiary of Philippine National Bank (PNB) after acquiring a 60-percent stake, officials said. Amirsham Aziz, Malayan Banking managing director, said the Malaysian bank paid 880 million pesos (US$25.5 million) for 60 percent of PNB-Republic Bank and infused 870 million pesos more to boost its capital to 1.625 billion pesos.
Sat, 08 Nov 1997, 00:00 WIB
15 major projects allowed to continue after review
15 major projects allowed to continue after review JAKARTA (JP): President Soeharto has issued a decree providing the go-ahead for the implementation of 15 projects previously reviewed or postponed under a massive retrenchment policy announced in September to cope with the monetary crisis. The Presidential decree dated Nov.
Sat, 08 Nov 1997, 00:00 WIB
ADB approves RI loans
ADB approves RI loans Manila (DPA): The Asian Development Bank (ADB) announced approval yesterday of US$175 million in loans to enable more girls and low-income children in Indonesia's remote areas to extend their education. "Indonesia is approaching near-universal enrollment in primary education," the ADB said, but the country needs to increase availability of junior secondary schooling.
Sat, 08 Nov 1997, 00:00 WIB
Painter dies after falling from 4th floor
Painter dies after falling from 4th floor JAKARTA (JP): A construction worker died yesterday after falling from the fourth floor of a shop-house project in Pasar Pagi Lama, West Jakarta, about 3 p.m. Thursday. The teenager's death raises the toll of workers killed at their workplace to 104 this year. The victim, identified as Siswanto bin Kasidi, 17, was employed by private developer PT Manggala to paint walls, Senen, one of the man's friends, said.
Sat, 08 Nov 1997, 00:00 WIB
Crises need not downgrade: IBCA
Crises need not downgrade: IBCA JAKARTA (JP): The London-based rating agency IBCA said yesterday that systemic banking crises do not of themselves automatically imply sovereign downgrades: much depends on the scale of the problem, the manner in which governments bail out banks and the initial financial strength of the sovereign.
Sat, 08 Nov 1997, 00:00 WIB
To Emha Ainun Nadjib
To Emha Ainun Nadjib From Republika Indonesian television has made great progress over the years, especially as a source of information, but regrettably it has also brought a decline in moral values and in the preservation of Eastern culture. The negative impact from the decline has got my friends and me worried. I once wrote a letter of the same tenor to this newspaper and directed it to those responsible for the broadcasts of the television stations.
Sat, 08 Nov 1997, 00:00 WIB
State banks to pay public funds of 16 closed banks
State banks to pay public funds of 16 closed banks JAKARTA (JP): Three state banks, Bank Rakyat Indonesia, Bank Dagang Negara and Bank Negara Indonesia, will disburse the funds of 600,000 accounts of the 16 banks closed by the government last week. Bank Rakyat Indonesia (BRI) pledged yesterday it would pay about Rp 1.45 trillion (US$453.12 million) to the customers of Bank Harapan Sentosa (BHS), Bank Anrico, Bank Kosagraha Semesta and Bank Industri.
Sat, 08 Nov 1997, 00:00 WIB
Cement truck kills 2 motorcyclists
Cement truck kills 2 motorcyclists JAKARTA (JP): Two men riding a motor scooter were killed when a speeding cement truck crashed into them at a crowded intersection in Central Jakarta yesterday evening. The two victims were thrown free on impact but their scooter was dragged underneath the truck, which hit seven other vehicles waiting at traffic lights.
Sat, 08 Nov 1997, 00:00 WIB
S'pore concerned about acid rain
S'pore concerned about acid rain SINGAPORE (DPA): Long-awaited rainfall has cleared much of the choking haze from Singapore's air -- but new concerns have arisen over the rain's acidity, reports in the city-state said yesterday. Air pollution from forest fires in Indonesia causes acid rain which could damage concrete buildings, the Television Corporation of Singapore quoted experts as saying.
Sat, 08 Nov 1997, 00:00 WIB
PT Ristia Bintang to sell 70 million shares to public
PT Ristia Bintang to sell 70 million shares to public JAKARTA (JP): Low-cost housing developer PT Ristia Bintang Mahkota Sejati will sell 70 million new shares, or 26.92 percent of its total common stocks, to the public next month, the company announced yesterday. Ristia president Richard Wiriahardja said the company would also issue 27.5 million in subscription rights (warrants) attached to the new shares.
Sat, 08 Nov 1997, 00:00 WIB
23 people jailed for tconsuming Ecstasy pills
23 people jailed for tconsuming Ecstasy pills JAKARTA (JP): Central Jakarta District Court jailed 23 people yesterday -- including 13 women -- after they were found guilty of consuming Ecstasy pills at a city discotheque. During separate sessions, the defendants were sentenced to an average of two months and 20 days in prison. The court had been told that police arrested the 23 partyers during a raid at Marimba Discotheque in Hotel Sentral on Jl. Pramuka, Central Jakarta, on Aug. 23.
Sat, 08 Nov 1997, 00:00 WIB
Little value placed on little Indonesians' lives
Little value placed on little Indonesians' lives By John Aglionby IT often seems little value is placed on young people's lives in Indonesia. A whole family on one motorbike, a dozen schoolchildren hanging out of a bus door and toddlers bouncing around in the front seats of cars are all common sights. One would be forgiven for thinking that if a child makes it to adulthood all well and good, if not never mind, there are still 200 million others where that one came from.
Sat, 08 Nov 1997, 00:00 WIB
Omar Halim learned human rights, equality early in life
Omar Halim learned human rights, equality early in life By Listi Operananta JAKARTA (JP): Omar Halim spent 30 years working for the United Nations, serving the last seven years as a negotiator for the body's peacekeeping missions in a number of far-flung countries including Namibia, Lebanon, Somalia, Armenia, Azerbaijan and Liberia. He also served as a UN special envoy to Cameroon and Nigeria.
Sat, 08 Nov 1997, 00:00 WIB
Thousands die on the road annually
Thousands die on the road annually SURABAYA: National Police Chief Gen. Dibyo Widodo said yesterday approximately 11,000 Indonesians die every year in traffic accidents, Antara reported. "This means 30 people die every day," he said in a written address to a gathering in the East Java police headquarters. His speech was delivered by provincial police chief Maj. Gen. M. Dayat. However, the figure has been declining by 7.8 percent every year for the past several years.
Sat, 08 Nov 1997, 00:00 WIB
PPP presses for non-denominational faith exclusion
PPP presses for non-denominational faith exclusion JAKARTA (JP): The minority United Development Party (PPP) at the People's Consultative Assembly pressed yesterday for the exclusion of the non-denominational faith, which it feared could become a "new religion", from the next state policy guidelines' chapters on religious affairs.
Sat, 08 Nov 1997, 00:00 WIB
Four Indonesian workers found dead in Singapore
Four Indonesian workers found dead in Singapore JAKARTA (JP): Four Indonesian workers in Singapore have been found dead of various causes over the past two weeks, according to Entjim Herrianto, the spokesman of the Indonesian Embassy in Singapore. Herrianto was quoted by Antara as saying the four, who had worked as domestic helpers, died between Oct. 30 and Nov. 3. They were Rita Kumalasari, 20, Syukriah, 40, Sri Lestari, 25, and Ninis Setioningsih, 26.
Sat, 08 Nov 1997, 00:00 WIB
GM to invest $3b in China
GM to invest $3b in China BEIJING (AFP): U.S. auto giant General Motors Corp. (GM) said yesterday it hoped to raise investments in China to US$3 billion by 1999 from $2 billion targeted for next year. GM spokesman Pat Hawkins said the U.S. company was committed to investing around $2 billion in China by June 1998, including a $1.5 billion manufacturing project in Shanghai.
Sat, 08 Nov 1997, 00:00 WIB
The days of hoodlums
The days of hoodlums Barbarous hoodlums have enjoyed the freedom to stir up trouble in Tanah Abang market, Central Jakarta, for at least a year, but only early this week did the city authorities beat the war drum against them. The declaration of war was seemingly provoked by the mass strike of mikrolet (minivan) drivers Monday and Tuesday, in protest over the thugs' imposition of illegal levies on them.
Sat, 08 Nov 1997, 00:00 WIB
U.S. gives approval to RI's reform package
U.S. gives approval to RI's reform package JAKARTA (JP): United States Deputy Secretary of State Strobe Talbott, after a 40-minute meeting with President Soeharto, said he felt reassured about Indonesia's economic reform package. "We come away with a sense of real determination on the part of the Indonesian government to stick with it," Talbott told journalists of his meeting with Soeharto at the State Palace yesterday.
Sat, 08 Nov 1997, 00:00 WIB
Who is to blame for green crisis?
Who is to blame for green crisis? By Sylvia Arifin JAKARTA (JP): Over the last three months Indonesia's environmental image has been greatly tarnished by the burning of forests on almost all of its islands, with dire consequences not only to Indonesia, but to neighboring countries. Criticism from all parts of the world was heard, some merely whispered, while others were deafening in their censure of Indonesia's lack of ability to care for its own environment.
Sat, 08 Nov 1997, 00:00 WIB
Get ready for Total Touch, Jimsaku and Phil Perry
Get ready for Total Touch, Jimsaku and Phil Perry JAKARTA (JP): Dutch band Total Touch will likely capture most of the attention on today's second day of the Jakarta International Jazz Festival (JakJazz). Starting at 6 p.m., the evening's performances will conclude at 1:45 a.m. Guitarist I Dewa Gede Bujana, better known as Dewa Bujana, will show his mastery of the guitar with two other musicians, Arie Ayunir on drums and Bambang Indriyanto on bass, at the indoor basketball hall.
Sat, 08 Nov 1997, 00:00 WIB
TV today
TV today TVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: The Crystal Maze 3:10 Culture Program: Upacara Adat Tapanuli 3:35 Tour and Travel: Wisata Nasional 4:00 Regional News 4:30 Sports 5:30 TV Series: Full House 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 7:00 Evening News 7:35 TV Drama: Icedol 8:05 Saturday Night Music 9:00 World News 9:30 Quiz: Berpacu Dalam Melodi 10:30 Late News 10:40 TV Drama: Sanga-Sanga 1947 Program...
Sat, 08 Nov 1997, 00:00 WIB
High ratings no guarantee of quality 'sinetron'
High ratings no guarantee of quality 'sinetron' By Yogita Tahil Ramani JAKARTA (JP): Long before Internet junkies found a way to live out their dreams on the Web, the liaison between society and fantasy had viewers addicted to TV serials. Belittled for everything from laughable screenplays to awful miscasting, Indonesian teleseries, or sinetron, are predicted by TV wags to eventually follow the pitiful path of the Indonesian movie industry.
Sat, 08 Nov 1997, 00:00 WIB
3 new performers for TIM Festival
3 new performers for TIM Festival JAKARTA (JP): A Wayang Kulit (shadow puppet) show, an acappella rendition of Islamic poetry and a Sa'Unine string quartet performance are the latest additions to the 12-day 1997 November Festival at the Taman Ismail Marzuki art center. The puppet show, titled Hanoman Obong, will be presented today by puppet master Sujiwo Tedjo.
Sat, 08 Nov 1997, 00:00 WIB
Nigerian tried for selling drugs
Nigerian tried for selling drugs JAKARTA (JP): A Nigerian man was indicted at Central Jakarta District Court yesterday on charges of selling 2.48 kilograms of putauw, a low-grade heroin. Prosecutor Agus Widodo said the defendant, Edhosa Agahowa alias Temmy, 28, and his girlfriend, Yuningsih, were arrested in Pecenongan, Central Jakarta on Aug. 24. Agus said a police informant, Yusak, telephoned Temmy several times and arranged to meet the defendant in a room at Pecenongan Hotel.
Sat, 08 Nov 1997, 00:00 WIB
'Dangdut' steals the show on Jakjazz 1997
'Dangdut' steals the show on Jakjazz 1997 JAKARTA (JP): Traditional Indonesian dangdut music stole the show on the opening night of Jakjazz 1997 at the Soemantri Brodjonegoro youth center, South Jakarta, last night. Farid Hardja, dangdut singers Hamdan AT, and pop singer Trie Utami, all members of the Trakebah, Gadogado Ngetop TV show, took center stage as the annual jazz festival got underway. Festival chief organizer Ireng Maulana and general chairman Peter Gontha defended their presence.
Sat, 08 Nov 1997, 00:00 WIB
Mt. Batur spews white smoke
Mt. Batur spews white smoke DENPASAR, Bali: Mt. Batur, near the scenic tourist resort of Kintamani in Bangli regency some 60 kilometers northeast of here, has shown greater volcanic activity recently, Antara reported. The news agency quoted Bangli Regent I Gde Anak Agung Ladip as saying that the mountain has been spewing white smoke, making thunderous noises and exuding a sulfuric smell over the past few weeks. Tourists have been barred from climbing the mountain or camping on its slopes.
Sat, 08 Nov 1997, 00:00 WIB
Korean firms warm to cross-border trade
Korean firms warm to cross-border trade By Ahn Mi-Young SEOUL (DPA): North and South Korea may still technically be at war, but this has not stopped legions of companies from conducting a brisk and growing trade across the chilly political divide. While hostile armies of more than one million troops each have continued their face-off across the 38th parallel ever since the 1953 truce, small traders and multinational firms have ignored the politics and got down to business.
Sat, 08 Nov 1997, 00:00 WIB
Sixty orangutan babies seized
Sixty orangutan babies seized SAMBOJA, East Kalimantan: A local conservation office has seized from residents sixty orangutan babies aged between two months to one year in raids over the past few months. Willie Smits of the Ministry of Forestry told Antara that the orangutan babies are now being kept in a quarantined area in Wanariset Samboja for a three year rehabilitation program. After that, the orangutans will be returned to the wilderness.
Sat, 08 Nov 1997, 00:00 WIB
Crisis 'won't affect telephones'
Crisis 'won't affect telephones' JAKARTA (JP): The currency crisis will not affect the government's target to install 8 million telephone lines in the current Sixth Five-Year Development Plan, which will end in March, 1999. Minister of Tourism, Post and Telecommunications Joop Ave said in a statement that the currency crisis, which has cut the value of the rupiah by around 35 percent against the U.S.
Sat, 08 Nov 1997, 00:00 WIB
Choreographers find commond ground
Choreographers find commond ground By Helly Minarti DEPOK, West Java (JP): When two eloquent choreographers from different continents come together in a workshop, they cross all cultural divides. Indonesian Gusmiati Suid and German Jochim Scholmer conversed on the core aspects that fuel creations on stage. The exchange, which began in Depok Tuesday and ends today, was arranged by the Goethe Institute. The meeting ground was a pendopo Javanese-style open pavillion owned by Maria D.
Sat, 08 Nov 1997, 00:00 WIB
Fencing, archery bodies prepare for the 13th Asiad
Fencing, archery bodies prepare for the 13th Asiad JAKARTA (JP): The Indonesian Fencing Association and the Indonesian Archery Association have already begun preparing for the 13th Asian Games in Bangkok next December. The fencing association's secretary-general, Soerjono, said yesterday that Indonesia's men's and women's epee teams would probably represent the country in the quadrennial event.
Sat, 08 Nov 1997, 00:00 WIB
Stocks plunged on regional bearish market
Stocks plunged on regional bearish market JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) plunged for a third consecutive day yesterday on the impact of regional weakness and uncertainty in the local market. The JSX composite price index, the main price indicator, fell 12.79 points, or 2.7 percent, to close at 466.11, with 473.4 million shares changing hands at Rp 518.4 billion (US$159.50 million).
Sat, 08 Nov 1997, 00:00 WIB
ABRI needs 'new format' for political role
ABRI needs 'new format' for political role MAGELANG, Central Java (JP): Domestic and international changes affecting Indonesia represent a challenge for the Armed Forces to seek a "new format" for its involvement in the political arena, according to a military observer. "Bad decisions could bring disaster to Indonesia," according to Salim Said in a discussion held here yesterday.
Sat, 08 Nov 1997, 00:00 WIB
Maan wins Tering Bay Open by ten shots
Maan wins Tering Bay Open by ten shots BATAM ISLAND, Riau (JP): Practically unchallenged since teeing off on Tuesday, pretournament favorite Maan Naasim justified his top-billing when he won the US$50,000 Tering Bay Open Golf Championship here yesterday with a 12-under-par 276 (67 70 69 70). The victory was Maan's second in successive weeks after a two- year title drought until the Matoa Open in Jakarta which gave him the needed morale boost to play better here in Batam.
Sat, 08 Nov 1997, 00:00 WIB
PT Indorama to produce woolen yarns
PT Indorama to produce woolen yarns JAKARTA (JP): Publicly listed PT Indorama Synthetics -- a polyester producer -- through its wholly-owned subsidiary PT Indorama Teknologies, set up a plant to manufacture woolen and blended yarns in Purwakarta, West Java, yesterday. The company's senior finance manager and corporate secretary V.S. Baldwa said the plant would cost about Rp 532 billion (US$161 million) and employ 2,200 workers.
Sat, 08 Nov 1997, 00:00 WIB
Indo Muro-Pama contract extended
Indo Muro-Pama contract extended JAKARTA (JP): Gold producer PT Indo Muro Kencana and mining contractor PT Pamapersada Nusantara signed a four-year contract extension yesterday for the operations at the Mount Muro gold deposit in Central Kalimantan. The contract extension was signed by Indo Muro president John Vernon and Pamapersada president Sudarso Prasetio at the Arya Duta hotel. Indo Muro administration manager Hidayat S.
Sat, 08 Nov 1997, 00:00 WIB
RI only able to tap 40% of tuna resources
RI only able to tap 40% of tuna resources JAKARTA (JP): Indonesia was only able to tap 40 percent of its tuna resources due to the lack of modern fishing equipment, Minister of Agriculture Sjarifudin Baharsjah said yesterday. Sjarifudin said after inaugurating the Indonesian Tuna Association that there were plenty of opportunities for Indonesian fishing companies to exploit the country's supply of tuna.
Sat, 08 Nov 1997, 00:00 WIB
Australia, RI see deal on Timor Gap deal by 1998
Australia, RI see deal on Timor Gap deal by 1998 MELBOURNE (Reuters): Australia and Indonesia set yesterday a target of March 1998 to resolve problems arising from the production of natural gas in the Timor Gap between the two countries. Australian Minister for Resources and Energy Warwick Parer and Indonesian Minister of Mines and Energy I.B.
Sat, 08 Nov 1997, 00:00 WIB
Sutiyoso backs calls to scrap Mulia's second tower proposal
Sutiyoso backs calls to scrap Mulia's second tower proposal JAKARTA (JP): Amid to-ings and fro-ings this week about the proposed second tower at Hotel Mulia Senayan, Governor Sutiyoso has backed the city councilors' calls to scrap the project. Sutiyoso said yesterday that he would not rule out the possibility of ordering the hotel's management to halt construction.
Sat, 08 Nov 1997, 00:00 WIB
Harvey opens in Jakarta
Harvey opens in Jakarta NEW YORK (Reuters): Harvey Entertainment Co said a 75,000 square-foot family entertainment center based solely on the Harvey Classic Characters, including Casper, Richie Rich, Baby Huey, Hot Stuff and others, opened over the weekend in Jakarta. The facility was built by the Indonesian company, PT Anugerah Persada Utama -- operators of Jakarta's Ripley's Believe It Or Not museum and entertainment center -- who licensed the characters from Harvey last year.
Sat, 08 Nov 1997, 00:00 WIB
Financial crisis should top APEC agenda, U.S. says
Financial crisis should top APEC agenda, U.S. says WASHINGTON (AFP): The Southeast Asian economic crisis should top the agenda at an upcoming summit of Asia-Pacific leaders, a U.S. official said Thursday, calling for an IMF-centered response to regional financial turmoil. John Wolf, U.S.
Sat, 08 Nov 1997, 00:00 WIB
IMF's Camdessus heads for SE Asian countries
IMF's Camdessus heads for SE Asian countries PARIS (Reuters): IMF head Michel Camdessus said on Thursday he was heading on a tour of Southeast Asia, where he would first stop in Indonesia and then hoped to meet whoever would be Thailand's prime minister. Camdessus told a Paris news conference on Asian issues before starting his trip that he would also visit Malaysia, Singapore and the Philippines before returning from Asia at the end of next week.
Sat, 08 Nov 1997, 00:00 WIB
Makindo to sell 40 percent of shares to public
Makindo to sell 40 percent of shares to public JAKARTA (JP): PT Makindo, one of the country's major securities companies, will go ahead with its capital market debut despite the bearish condition of the stock market. Makindo, the third securities firm to be listed on the Jakarta Stock Exchange (JSX) after Lippo Securities and Bhakti Investama, plans to sell about 377 million shares, or 39.9 percent of its enlarged capital, to the public early next month.
Sat, 08 Nov 1997, 00:00 WIB
Obligation to build a nation
Obligation to build a nation This is a momentous time in Indonesia. The wind of change is slowly but inexorably sweeping through the country. And why not? With imminent regionalization and globalization we will have the world knocking at our doorstep. And the world has changed faster in the last two decades than it had in the previous two centuries. The people are becoming more educated, real-time information is blazing at the speed of light from one corner of the globe to the other.
Sat, 08 Nov 1997, 00:00 WIB
Police seize 3.7 kilograms of heroin in record haul
Police seize 3.7 kilograms of heroin in record haul JAKARTA (JP): Police have arrested three foreigners holding Nigerian passports for their alleged involvement in the smuggling of 3.7 kilograms of first-grade heroin into the country from Thailand, a senior officer said yesterday. The seized heroin, with a street value of US$555,000, is believed to be the country's largest drug haul this year.
Sat, 08 Nov 1997, 00:00 WIB
Medan expansion sought by mayor
Medan expansion sought by mayor MEDAN, North Sumatra: Medan Mayor Bachtiar Djafar said the realization of a greater Medan area program would be the only answer to effectively manage the city's rapid development. The greater Medan area program, in which the city administration would annex the neighboring Binjai mayoralty and Deli Serdang regency into its administrative jurisdiction, was first proposed to the North Sumatra governor in 1990.
Sat, 08 Nov 1997, 00:00 WIB
77% of allocated areas for industrial forests unused
77% of allocated areas for industrial forests unused JAKARTA (JP): Twenty-three licensed industrial forest companies have only planted on 23 percent of the acreage allotted to them, according to data from the Association of Indonesian Forest Concessionaires. The data, collected by Antara, shows that as of July, the 23 firms planted 867,773 hectares of industrial forests, out of an allocated 3.72 million hectares. Of the 23 firms, five companies control 66 percent of planted industrial forests.
Sat, 08 Nov 1997, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Photo Exhibition: Kesaksian Abadi by Hilmar Pabel, at Galeri Foto Jurnalistik Antara, Jl. Antara No. 59 Pasar Baru, Central Jakarta, daily except Monday, 11:30 a.m. to 7:30 p.m., until Nov. 11. * Batik Exhibition, by Maartri Djorghi, at Galeri TC (Twilight Cafe), Jl. Kemang Raya No.24A South Jakarta, 11:30 a.m. to 12 p.m., until Nov. 8. * Painting Exhibition: Nenek Moyangku Orang Sangiran by Krisna Murti, at the Lontar Gallery. Jl.